RMIN 4000 UGA EDMUNDS COMPREHENSIVE EXAM
ACTUAL QUESTIONS AND ANSWERS SURE A+
✔✔Coverage F: Medical Payments to Others - ✔✔Pays the reasonable expenses of
another person who is accidentally injured while on an insured location, by the activities
of an insured or residence employee, or animal owned by or in the care of insured (must
be incurred within 3 years of accident) (EX: dog bites house guest, guest breaks arm on
property)
✔✔exclusions to coverages E and F - ✔✔motor vehicle liability (unless stored, use for
handicapped, or service purpose), watercraft/aircraft/hovercraft liability, expected or
intended injury, business activities, transmission of communicable disease, sexual
molestation, corporal punishment, abuse, or
controlled substance
✔✔exclusions to Coverage E - liability - ✔✔contractual liability, property owned by
insured, workers compensation, and bodily injury to an insured
✔✔exclusions to coverage F - medical payments of others - ✔✔injury to Residence
employee off insured location, workers compensation, and person regularly residing on
the insured location
✔✔common endorsements to homeowners policy - ✔✔Inflation guard, personal
property replacement cost, scheduled personal property, personal injury, watercraft, or
backup of sewer and drain
✔✔rating variables - ✔✔Construction type
Geographic location
Fire protection class
Replacement cost
HO policy form type
Year of construction
Deductible
Insurance score
Roof factors
✔✔homeowners policy forms - ✔✔HO-2 Broad, HO-3 special, HO-4 contents broad
(renters), HO-5 comprehensive, and HO-6 Unit-owners (condo)
✔✔Personal Umbrella Liability Insurance - ✔✔Provides protection against a
catastrophic lawsuit or judgement. limits in excess of primary policy limits (minimum
underlying limits required by underwriter)
✔✔broad coverage of personal umbrella liability - ✔✔Bodily injury and property
damage, personal liability, and additional coverages
, including defense costs
✔✔high umbrella limits - ✔✔usually $1-10 million
✔✔umbrella liability provides broad coverage over... - ✔✔auto, homeowners, boats, and
RVs/ATVs
✔✔retained umbrella limit - ✔✔minimum underlying limits, deductible or self insured
retention in policy if covered umbrella loss is not covered by an underlying policy
✔✔umbrella exclusions - ✔✔expected/intended injury
Certain personal injury losses
Rental of premises
Business liability
Professional services
Aircraft, watercraft and ATV unless has underlying coverage
No reasonable belief
Vehicles in racing
Disease, molestation, controlled substances
Directors and officers - with exceptions (non-profit)
Property in the insured's care, custody, and control
✔✔personal articles floater - ✔✔type of "marine" coverage with broad coverage on high
valued personal property against damage and open perils, and is worldwide with
specific valued items (jewelry, fine arts, furs, cameras, instruments, etc.)
✔✔is a deductible required for personal articles floater? - ✔✔no
✔✔exclusions of personal articles floater - ✔✔Wear and tear, gradual deterioration,
insects or vermin, war, and nuclear
✔✔boatowner's coverage - ✔✔package policy for damage to boat, liability, medical
expenses, and uninsured boaters (deductible usually applies)
✔✔cyber coverages - ✔✔3rd party (E&O, media liability, network security) and 1st party
(breach costs, business interruption and failure, cyber extortion, or digital assets)
✔✔ Philidelphia judicial hellhole - ✔✔Reputation for excessive verdicts and its "open
door" policy to out of state
✔✔Georgia judicial hellhole - ✔✔Continue rise in nuclear verdicts, increasing role of
third-party litigation financing, and premise liability. trial lawyers and jackpot verdict
paydays. advertising focus on truckers
ACTUAL QUESTIONS AND ANSWERS SURE A+
✔✔Coverage F: Medical Payments to Others - ✔✔Pays the reasonable expenses of
another person who is accidentally injured while on an insured location, by the activities
of an insured or residence employee, or animal owned by or in the care of insured (must
be incurred within 3 years of accident) (EX: dog bites house guest, guest breaks arm on
property)
✔✔exclusions to coverages E and F - ✔✔motor vehicle liability (unless stored, use for
handicapped, or service purpose), watercraft/aircraft/hovercraft liability, expected or
intended injury, business activities, transmission of communicable disease, sexual
molestation, corporal punishment, abuse, or
controlled substance
✔✔exclusions to Coverage E - liability - ✔✔contractual liability, property owned by
insured, workers compensation, and bodily injury to an insured
✔✔exclusions to coverage F - medical payments of others - ✔✔injury to Residence
employee off insured location, workers compensation, and person regularly residing on
the insured location
✔✔common endorsements to homeowners policy - ✔✔Inflation guard, personal
property replacement cost, scheduled personal property, personal injury, watercraft, or
backup of sewer and drain
✔✔rating variables - ✔✔Construction type
Geographic location
Fire protection class
Replacement cost
HO policy form type
Year of construction
Deductible
Insurance score
Roof factors
✔✔homeowners policy forms - ✔✔HO-2 Broad, HO-3 special, HO-4 contents broad
(renters), HO-5 comprehensive, and HO-6 Unit-owners (condo)
✔✔Personal Umbrella Liability Insurance - ✔✔Provides protection against a
catastrophic lawsuit or judgement. limits in excess of primary policy limits (minimum
underlying limits required by underwriter)
✔✔broad coverage of personal umbrella liability - ✔✔Bodily injury and property
damage, personal liability, and additional coverages
, including defense costs
✔✔high umbrella limits - ✔✔usually $1-10 million
✔✔umbrella liability provides broad coverage over... - ✔✔auto, homeowners, boats, and
RVs/ATVs
✔✔retained umbrella limit - ✔✔minimum underlying limits, deductible or self insured
retention in policy if covered umbrella loss is not covered by an underlying policy
✔✔umbrella exclusions - ✔✔expected/intended injury
Certain personal injury losses
Rental of premises
Business liability
Professional services
Aircraft, watercraft and ATV unless has underlying coverage
No reasonable belief
Vehicles in racing
Disease, molestation, controlled substances
Directors and officers - with exceptions (non-profit)
Property in the insured's care, custody, and control
✔✔personal articles floater - ✔✔type of "marine" coverage with broad coverage on high
valued personal property against damage and open perils, and is worldwide with
specific valued items (jewelry, fine arts, furs, cameras, instruments, etc.)
✔✔is a deductible required for personal articles floater? - ✔✔no
✔✔exclusions of personal articles floater - ✔✔Wear and tear, gradual deterioration,
insects or vermin, war, and nuclear
✔✔boatowner's coverage - ✔✔package policy for damage to boat, liability, medical
expenses, and uninsured boaters (deductible usually applies)
✔✔cyber coverages - ✔✔3rd party (E&O, media liability, network security) and 1st party
(breach costs, business interruption and failure, cyber extortion, or digital assets)
✔✔ Philidelphia judicial hellhole - ✔✔Reputation for excessive verdicts and its "open
door" policy to out of state
✔✔Georgia judicial hellhole - ✔✔Continue rise in nuclear verdicts, increasing role of
third-party litigation financing, and premise liability. trial lawyers and jackpot verdict
paydays. advertising focus on truckers
